SPX Campaign / Short Puts / Long Calls / Short Calls

#spxcampaign
$SPX STO 12/18 2665/2640 BECS @ 8.70
$SPX STO 1/5/2018 2730/2705 BECS @ 1.55 Thank you @jeffcp66

#shortputs
$BA STO 12/29 270/275 BUPS @ 1.00
$GS STO 1/19/2018 230/240 BUPS @ 2.06 Helping pay for

#longcalls
$GS BTO 1/19/2018 245/255 BUCS @ 4.20
$IWM BTO 1/19/2018 154 calls @ 1.60 Dr Science idea at OMM

#shortcalls
$LABU STO 12/8 73 calls @ .90 (covered)

SPX calls sold

#SPXcampaign. Filled on two call spreads on the spike to new HOD:

Sold $SPX Dec 18th 2640/2665 call spreads for 8.75
Sold $SPX Jan 5th 2705/2730 call spreads for 1.50

SPX Campaign and Covered Call Closed Early / Short Puts

Closed Early
#spxcampaign
$SPX BTC 12/8 2555/2580 BUPS @ 92% profit
$SPX STC 12/8 2620/2640 BUCS @ 12.00 BTO 11/27 @ 3.25 Thank you @jeffcp66

#coveredcalls
$SQ BTC 12/15 50 call @ .05 STO @ 2.17

#shortputs
$EXAS STO 12/15 put @ 2.40

SPX long calls closed

#SPXcampaign Closed half my longs:

Sold to close $SPX Dec 8th 2620/2640 calls for 11.50. Bought for 3.50 on Nov 27th. Holding the other half to see what happens. I’m not too optimistic for much more upside this week, but I’m up for anything.

SPX Campaign New and Closed Earlies (Not the singers or the vegetables)

#spxcampaign

$SPX STO 1/9/2017
2500/2525 BUPS @ 1.45 Thank you @jeffcp66

Closed Early (I think this is better than closing late)
$SPX BTC 12/8 2675/2650 BECS @ 3.00 STO 11/9 for .55. Where is my R/R analysis? Should have waited, but who knows?
$SPX BTC 12/6 2615/2640 BUPS @ 32% profit If waited until end of day it would have been a big loss

SPX puts sold

#SPXcampaign Sold to Open Jan 5th 2525/2500 put spreads for 1.45, with SPX at 2630.

SPX rolled

#SPXcampaign Closed $SPX Dec 6th 2640/2615 put spreads for 6.25. Sold last week for 6.40.
This was my only remaining put spread expiring this week, but because it is ending the day ATM, I had to cut it loose to avoid risk of a gap down tomorrow or Wednesday. At least it was breakeven.

I rolled it to…
Sold $SPX Dec 15th (Friday PM) 2585/2610/2580/2705 #CondorRoll for 6.30. This one has more time to expiration thus is more flexible to roll if wings are breached.

SPX puts closed

#SPXcampaign Closed on GTC order earlier:
$SPX Dec 8th 2585/2555 for .30. Sold for 4.00 as a #ReverseRoll

The Dec 29th 2710/2735 call spread I sold Friday for 1.50 opened today over 3.50. It is now 1.70. I think I will let live to see another day rather than stopping it. If we go negative I will sell a new put spread.

SPX trades

#SPXcampaign I’m resuming selling call spreads as the upside move is likely at least slowing if not consolidating. That said, I will later be rolling the OTM call spread I sold Friday.

Sold to Open Jan 5th 2740/2765 call spreads for 1.50.

Closed on GTC order:
SPX Dec 14th 2485/2460 put spreads for .20. Sold for 1.50 on Nov 14th.

#reverseroll

Final SPX trades & Expiration

#SPXcampaign #OptionsExpiration

After the bell, sold $SPX Dec 29th 2710/2735 call spreads for 1.85.
After the bell, sold $SPX Dec 20th 2590/2615 call spreads for 20.50. This replaces one of three ITM call spreads I closed before this recent rally.

#Exercised SPX Dec 1st 2615 long calls, for 26.80. Coupled with the earlier cover of the shorts at 9.30, that’s 17.50 for a 15-wide spread. Bought for 2.25 last Friday. Half sold for 9.00 on Tuesday, so average profit of 11.00 for the whole position.

SPX long leg-out

#SPXcampaign Wish I’d done this near the lows but it was too nerve-wracking… closed the short leg of the long $SPX Dec 1st 2615/2630 call spread for 9.30. Waiting for higher prices to close the long leg, hopefully netting more than the 15.00 I would have made had I let the whole spread expire ITM. Better not crash on me now!

Selling calls

#SPXcampaign I’m looking to sell an ITM call spread (Dec 20th 2590/2615). Waiting to see how much bounce we can get. Also plan to sell a Dec 29 call spread with short about 2710.

VXX Game / SPX Campaign

Following @optioniceman
$SVXY STO 12/15 82.50 puts @.54
$SVXY STO 12/22 75 puts @ .62

#spxcampaign
$SPX STO 12/6 2615/2640 BUPS @ 5.85
$SPX STO 12/29 2515/2540 BUPS @ 1.50. Thank you @jeffcp66

More puts

#SPXcampaign After the bell, this filled: $SPX Dec 29th 2540/2515 put spreads for 1.50. Standard weekly spread, the highest I’ve ever sold.

SPX puts closed today

#SPXcampaign Closed on GTC orders:

$SPX Dec 4th 2570/2545 put spreads for .25. Sold for 4.00 last week.
$SPX Dec 29th 2375/2350 put spreads for .25. Sold in a #CondorRoll for 3.35 on Oct 25th.
$SPX Dec 1st 2615/2590 put spreads for .40. Sold for 4.80 on Tuesday.

McCain bump?

#SPXcampaign He just signaled he will vote “yes,” so higher we go. My only remaining call spread jumped quickly past my stop.

Stopped $SPX Dec 29th 2595/2720 call spreads for 4.20. Sold for 1.50 2 days ago.
#ReverseRoll Sold Dec 6th 2640/2615 put spreads for 6.50.

Wish I had more long spreads. As of now, I have one and a half positions completely ITM.

Closed Early SPX BECS and BUCS / VXX Game / Short Puts

Closed Early
#spxcampaign
$SPX BTC 12/1 2650/2625 BECS @ 6.50 STO 10/31 @ 1.85 Still very slow on trigger
$SPX STC 12/1 2615/2630 BUCS @ 11.25 BTO 11/24 @ 2.15 Thank you @ jeff

#vxxgame
$SVXY STO 3/16/2018 75 put @ 4.20 Thank you @jeffcp66
$SVXY BTC 1/19/2018 25 put @ .15 STO @ 5.50 1/6/2017

#shortputs
$SQ STO 12/15 38.50 put @ .75
$NTNX STO 12/15 35 puts @ 2.60 Earnings play Thank you @smasty160
$AMZN STO 12/15 1060/1110 BUPS @ 1.05 Thank you @jsd501 Also have order in for the 990/1040 BUPS
$AGN STO 1/19/2018160/170 BUPS @ 2.30
$MZOR STO 12/15 60 puts @ 1.80
$PVH STO 12/15 120/130 BUPS @ 1.20 Earnings Trade (DeBeers inspired at SMM)

SPX trades

#SPXcampaign Another reverse roll as I just don’t want to see my two remaining call spreads rack higher and higher in premium.

Stopped $SPX Dec 22nd 2555/2580 call spreads for 6.45. Sold for 1.55 last week.
#ReverseRoll Sold to Open $SPX Dec 18th 2630/2605 put spreads for 8.05.

SPX sold half of longs

#SPXcampaign Sold to Close $SPX Dec 1st 2615/2630 call spreads for 9.00. Bought Friday for 2.25.

Keeping other half until Friday. Also still holding Dec 8th 2620/2640 spreads bought yesterday for 3.50.

SPX calls sold!

#SPXcampaign Okay, so I finally sold some calls… put in an order I didn’t think would fill, but…

Sold $SPX Dec 29th 2695/2720 call spreads for 1.50.

SPX, and another reverse roll

#SPXcampaign Jumping on this train that I don’t think will stop until 2630 (at least)
Closed $SPX Dec 1st 2625/2650 call spreads for 2.90. Sold for 1.70 on Oct 31st.
Sold Dec 1st 2615/2590 put spreads for 4.80. This more than covers that roll, also can help cover the one I stopped earlier.

Assumes not much pullback before Friday. That’s what I think is in the cards.

I have only two more short call spreads, currently at 3.40 (Dec 22 2655/2680) and 4.60 (Dec 29 same strikes). I’m going to leave them for today.

SPX how to deal with bullies

#SPXcampaign Answer: just get out of short call spreads.

Stopped $SPX Dec 8th 2635/2660 call spreads for 2.90. Sold for 1.51 on Nov 10th.
Waiting to roll.

SPX bully

#SPXcampaign It’s off to the races on the Upside Warning once again.

Stopped: $SPX Dec 14th 2640/2665 call spreads for 2.90. Sold for 1.50 on Nov 16th.
Trying to #ReverseRoll, maybe I could get a small pullback? Too much to ask?

SPX puts closed

#SPXcampaign Closed on GTC order: $SPX Nov 29th 2585/2560 put spreads for .40. Sold for 10.15 on Nov 15th.

Pre-market puts closed

#SPXcampaign In pre-market, closed $SPX Dec 14th 2450/2425 put spreads for .30. Sold for 1.55 on Nov 14th.

SPX trades

#SPXcampaign Sold to Open $SPX Dec 29th 2500/2475 put spreads for 1.45.

Bought to Open Dec 8th 2620/2640 call spreads for 3.50.

SPX trades

#SPXcampaign Closed $SPX Nov 27th 2490/2465 put spread for .20. Sold for 2.00 on Wednesday.

Stopped SPX Dec 14th 2635/2660 call spreads for 3.35. Sold for 1.90 on Nov 14th.
#ReverseRoll Sold Dec 8th 2585/2555 put spreads for 4.00. (I meant to do 25-wide, but mistakenly sold 30-wide).

SPX puts closed

#SPXcampaign To lessen the pressure if we do pullback Monday, and to take nice profits:

Closed $SPX Dec 1st 2570/2545 put spreads for .75. Sold for 6.50 on Nov 14th.

No expirations today… have a great weekend all!

More SPX

#SPXcampaign On the small pullback:

Closed $SPX Dec 4th 2575/2600 call spreads for 19.55. Sold for 14.00 last week.

Bought to open SPX Dec 1st 2615/2630 LONG call spreads for 2.25

SPX trades

#SPXcampaign Upside Warning looks imminent. Getting long.
Closed on GTC order: $SPX Dec 8th 2480/2455 put spreads for .20. Sold for 1.44 on Nov 10th.

Closed Dec 1st 2565/2590 call spreads for 22.15. Sold for 15.60 last week. Waiting to roll.

Working on buying some short term call spreads. Also rolling one of these recently closed ITM call spreads into an #IronButterfly or #InverseCondor.

SPX calls sold

#SPXcampaign Sold to Open $SPX Dec 22nd 2655/2680 call spreads for 1.60.

VIX is up today while SPX is also up. This has not been too unusual in the last year of soaring indices. If we can stay below 10.17 today, it will mean Upside Warning. That said, I feel comfortable with this distance OTM, as it will be easy to roll should the rally be strong.

SPX puts sold

#SPXcampaign Tried to catch the lows but ended up chasing back up.

Sold $SPX Nov 27th 2590/2565 put spreads for 2.00. Expires Monday.

Sold Dec 22nd 2510/2485 for 1.45.

Also, yesterday, closed Nov 29th 2565/2590 call spreads for 21.75. Sold for 13.50 on Nov 15th. Waiting for bigger swings to sell this roll.

SPX Campaign / Short Puts / Rolling NFLX Again

#spxcampaign
$SPX STO 12/1 2560/2585 BUPS @ 3.25
$SPX STO 12/22 2665/2640 BECS @ 2.15 Thank you @jeffcp66

#shortputs
$MZOR STO 60 puts @ 2.26

#shortcalls
Rolled again
$NFLX BTC 11/24 200 call STO 12/1 202.50 call for additional .44 credit

SPX reverse roll

#SPXcampaign Closed $SPX Dec 22nd 2640/2665 call spreads for 2.95. Sold for 1.60 yesterday.
Sold to Open SPX Dec 1st 2585/2560 put spreads for 3.20.

I’m preparing for the possibility of another upside warning, which could bring us to 2630 before Dec 1st. I’m going to hold off on the sale of regular call spreads, close my remaining ITM call spreads and roll them into puts or wait for higher SPX prices before I roll them again.

Also, closed on GTC order: Nov 27th 2560/2535 put spreads for .40. Sold for 2.90.

SPX puts sold and closed

#SPXcampaign Sold $SPX Dec 22nd 2495/2470 put spreads for 1.45.

Closed on GTC orders:
Dec 1st 2480/2455 put spreads for .20. Sold for 1.47 on Oct 30th.
Dec 1st 2490/2465 put spreads for .20. Sold for 1.45 on Nov 3rd.

SPX puts closed

#SPXcampaign In pre-market, closed on GTC order: $SPX Nov 22nd 2560/2535 put spreads for .30. Sold for 2.80.

After market close yesterday, Sold Dec 4th 2575/2600 call spreads for 13.40 as an #ITMroll. Wish I’d waited until this morning!

Earnings / SPX Campaign /Short Puts /Closed Early

#earnings
$DLTR STO 11/24 92 put @ .95
#spxcampaign
$SPX STO 12/4 2545.2570 @ 4.40 Thank you @jeffcp66
#shortputs
$VEEV STO 12/15 55/60 BUPS @ 1.26 Had a BUCS for Nov Opex. Was profitable. Waiting for an earnings run, but a little more cautious.

Closed Early
$SPX BTC 11/20 2555/2580 BUPS @ 1.80 STO 11/17 at 3.10. 45% of max. I was not trading today and set a GTC order at 1.80. Glad it worked out. Thank you @jeffcp66

More SPX

#SPXcampaign Closed $SPX Nov 20th 2580/2555 for .35. Sold for 3.10 on Friday.

Closed Nov 27th 2580/2555 put spreads for 3.88. Sold for 6.55.
#Rolling Sold Dec 4th 2570/2545 put spreads for 4.00.

Closed Nov 27th 2570/2595 call spreads for 14.55. Sold for 16.00 last Monday.
#ITMroll Selling Dec 4th 2575/2600 call spreads, no fill yet

SPX calls sold, puts closed

#SPXcampaign Sold $SPX Dec 22nd 2640/2665 call spreads for 1.60.
Closed SPX Nov 24th 2535/2510 put spreads for .35. Sold for 1.95.

Short Puts / Long Calls / SPX Campaign / Rolling Long Calls

#shortputs
$ICHR STO 12/15 30 puts @ 3.30
$GWW 12/15 175/185 BUPS @ .91 (SUZ at OMM)
#longcalls
$ICHR BTO 2/16/201830 calls @ 2.50
#spxcampaign
$SPX STO 12/15 2460/2485 BUPS @ 1.50
$SPX STO 11/20 2555/2580 BUPS @ 3.10 Thank you @jeffcp66

Rolled Long Calls
$SQ STC 11/17 39 calls BTO 12/15 43 calls Took in 1.43 credit on roll
$FB STC 11/17 175 calls BTO 12/08 180 calls Took in 1.80 credit on roll

SPX trades

#SPXcampaign

In pre-market, closed $SPX Nov 27th 2600/2625 for 2.95. Sold for 3.40.
#ReverseRoll Sold Nov 20th 2580/2555 put spreads for 3.10. These expire Monday.

Closed Nov 24th 2560/2585 call spreads for 18.40. Sold for 17.20 last week. Working on #ITMroll.

Closed Nov 17th 2575/2550 put spreads for .85. Sold for 5.80.

Sold Dec 14th (monthly) 2485/2460 put spreads for 1.50.

Roll of STMP

#SPXcampaign #Rolling #ITMroll
Sold $STMP Dec 1st 200/180 put spreads for 17.75. This replaces my 200/185 put spreads expiring today, which will debit me 15.00. I went wider to make up the credit, with a 2-lot. A third option was assigned early with 190.35 cost basis, which I will hold for the eventual move back to 200.

Closing Another

I’m sure I will be too early again, but this feels better.
#spxcampaign
$SPX BTC 11/24 2545/2565 BUPS @ .80 STO 11/9 @ 3.10 (74% of full profit)

SPX calls stopped

#SPXcampaign Stopped $SPX Nov 17th 2590/2615 call spreads for 3.65. Sold for 2.50 on Tuesday. Although I closed many call spreads yesterday, I thought I could let this one expire. Not so. Will look to roll by day’s end. I don’t want to do anything too early as we’re back in freight train mode again.

Hearing Footsteps – Closing Too Early / Prudent Closing Also

Closed Early
#spxcampaign
$SPX BTC 11/17 2560/2585 BUPS @ 8.50 (currently at 5.40) STO at 4.70
$SPX BTC 11/200 2560/2585 BUPS @ 6.00 (currently at 5.40) STO at 4.60
$SPX BTC 11/17 2475/2500 BUPS @ .10 STO @ 1.80 Forgot GTC order Thank you @jeffcp66
#longcalls
$VEEV STC 11/17 55/65 BUCS @ 5.83 BTO @ 4.90 (19% of max possible)
#shortputs
$UAL BTC 11/17 52.50/57.50 BUPS @ .45 54% of max profit

SPX calls sold

#SPXcampaign Sold to open $SPX Dec 14th 2640/2665 call spreads for 1.50.

SPX Campaign / WMT Earnings / VXX Game

#spxcampaign
$SPX STO 11/17 2585/2560 BECS @ 12.70 and then BTC during the day @ 10.00. I keep closing profitable trades early and let losing trades lose more. Not sure there is a connection. Mmmmm Thank you for the idea @jeffcp66
$SPX BTC 11/24 2585/2560 BECS @ 13.40. STO 11/10 @ 18.50 Thank you @jeffcp66

#earnings
$WMT STO 11/17 95/90 BECS @ 1.25

#vxxgame
$SVXY STO 12/15 75 put @ 1.85 Thank you @optioniceman @vxxkelly @jdietz1954 You are all over these.

SPX trades

#SPXcampaign Closed a few more, without rolling yet:

Closed $SPX Nov 22nd 2590/2565 put spreads for 11.80. Sold for 8.60.
Closed Nov 22nd 2595/2620 call spreads for 1.90. Sold for 6.55
Closed Dec 1st 2630/2655 for .45. Sold for 1.60

SPX trades

#SPXcampaign

Closed Nov 20th 2575/2600 call spreads for 5.85. Sold for 14.60 on Nov 6th.
#ReverseRoll Sold Nov 27th 2560/2535 put spreads for 5.40

Sold Nov 27th 2585/2560 put spreads for 10.15, as a partial roll of Nov 16th spread stopped this morning

Stopped Nov 17th 2560/2585 call spreads for 11.90. This was sold this morning for 9.40.

Sold Nov 29th 2565/2590 call spreads for 13.55, as an #ITMroll from Nov 22nd call stopped tis morning.

Killing downside warning

#SPXcampaign #VIXIndicator It’s becoming clear that Downside Warning needs to be scrapped. I’m taking it off the site and will determine a new strategy. The trigger will remain only as a set up for the eventual Upside Warning, which has been working like a charm.

SPX trades

#SPXcampaign Got stopped near the lows on some put spreads that were expiring today and tomorrow. Worst time to close them.

Stopped Nov 15th 2565/2540 put spreads for 8.10
#ReverseRoll Sold Nov 17th 2560/2585 call spreads for 9.40 (I will have to stop this by end of day if we don’t drop)

Stopped Nov 16th 2585/2560 put spreads for 16.90. No roll yet.

Stopped Nov 22nd 2555/2580 call spreads for 14.30. Rolling to a Nov 29th call spread as we move higher.

SPX trade

#SPXcampaign Forgot to post this yesterday. A put spread hit my stoop on the morning lows so I closed it, as well as its offsetting call spread (at a profit). I did not roll it yet.

Stopped $SPX Dec 8th 2510/2485 put spreads for 2.88.
Closed SPX Dec 8th 2650/2675 call spreads for .42.
Both spreads sold as an #IronCondor last week for 3.05.

End of day SPX trades

#SPXcampaign
Sold $SPX Dec 14th (monthly) 2635/2660 call spreads for 1.90
Sold $SPX Nov 17th 2590/2615 call spreads for 2.50. Expire this Friday at the close.

SPX puts sold

#SPXcampaign

Sold $SPX Dec 14th (monthlys) 2450/2425 put spreads for 1.55.

Sold Nov 30th 2570/2545 put spreads for 6.50, as an #ATMroll from the 2585/2560 puts closed yesterday for 6.40. Was able to move down 15-points by waiting for the down open.

SPX trades

#SPXcampaign
Closed $SPX Nov 20th 2560/2585 call spreads for 17.15. Sold for 20.25 last Monday.
#ITM roll Sold Nov 27th 2570/2595 call spreads for 16.00.

Closed Nov 20th 2585/2560 put spreads for 6.40. Sold for 6.10 last Monday.
Not rolling yet. Watching for next strong move and will sell in that direction, or a condor.

Closed Nov 24th 2625/2650 call spreads for .40. Sold for 1.75 on Oct 27th.

Expiration / SPX Campaign / Closed Early / Assignment/Roll

Expiration
$AVGO 240 put Thank you @fuzzballl
$EXAS 51.5 put
$GOOGL 850/890 BUPS
$AAPL 149/157.50 BUPS

#spxcampaign
$SPX STO 11/24 2585/2560 BECS @ 18.50 Thank you @jeffcp66

Closed Early
$MCD BTC 11/17 170/160 BECS @ 50% lower loss than yesterday. Whew!

Rolled/Assigned
$SQ STC 11/10 34.5 Calls @ 5.05 BTO 11/7 @ 3.20 This was half of position
Took assignment of other half @ 34.50 Been looking to acquire this stock. Hope it was worth the wait

Thanks to everyone on this red white and blue site. Have a great weekend.

Final SPX trades

#SPXcampaign $SPX

Sold Dec 8th 2635/2660 call spreads for 1.51
Sold Dec 8th 2480/2455 put spreads for 1.44

Closed Nov 16th 2615/2640 call spreads for .45. Sold for 1.80 on Oct 20th

Sold Nov 15th 2595/2620 call spreads for 2.20
Sold Nov 24th 2510/2535 put spreads for 1.95

SPX trades

#SPXcampaign Too much indecision to leave ITM put spreads over the weekend:

Closed Nov 15th 2595/2570 put spreads for 12.30. Sold in #InverseCondor for 23.25 on Nov 1st
Partially rolled to: Nov 22nd 2590/2565 put spreads for 8.70

Closed Nov 13th 2590/2565 put spreads for 9.35. Sold in an #InverseCondor for 23.00 on Oct 30th.
#CondorRoll Sold Nov 27th 2555/2580/2600/2625 condors for 11.00.

Also, Sold Nov 24th 2560/2585 call spreads for 17.30, as #ITMroll.

SPX puts stopped

#SPXcampaign I didn’t get the continuation of yesterday’s rally at the open so I’ve been watching for direction…. now that we’ve made a new high it looks more promising. Closed one put spread when it looked like it might fail a third time. Now I’m looking to sell the call spreads as rolls from yesterday, and then I will consider how to roll this stopped spread:

Stopped $SPX Nov 20th 2565/2540 put spreads for 4.00. Sold for 2.10 on Wednesday.

Closed Early SPX Campaign

#spxcampaign Closed Early
$SPX BTC 11/24 2645/2620 BECS @ 66% profit

SPX Campaign / Short Puts / Short Calls / Expired / Closed Early

#spxcampaign
$SPX STO 11/20 2545/2565 BUPS @ 3.10
$SPX STO 12/8 2485/2510 BUPS @ 2.65 Thank you @jeffcp66 IC
$SPX STO 12/8 2675/2650 BECS @ .55
$SPX STO 11/24 2505/2525 BUPS @ 1.25

#shortputs
$NVDA STO 12/15 170/185 BUPS @ 2.35
$ADBE STO 12/15 167.50/177.50 BUPS @ 1.45 Thank you @thomberg1201
$AMZN STO 11/17 1085/1095 BUPS @ 1.25
$OSTK STO 12/15 30/40 BUPS @ 1.82 (Bridget at OMM)

#shortcalls
$BABA STO 12/15 195/190 BECS @ 1.50

Expired Full Profit
$SPX 11/8 2515/2540 Thank you birthday guru

Closed Early
$CAT BTC 11/17 145/140 BECS @ 58% profit

SPX trades

#SPXcampaign $SPX

Closed Nov 22nd 2550/2525 put spreads for 2.70. Sold for 2.80 this morning. This was a mistake that I sold it, so I took it off once we bounced back. Covered commissions.

Closed Nov 17th 2550/2575 call spreads for 20.30. Sold last Friday for 19.00. Will roll tomorrow.

Sold Nov 22nd 2595/2600 call spreads for 6.65. A roll from the 2585/2610 spread closed earlier today for 5.95.

VIX juss can’t stop it

#SPXcampaign #VIXIndicator

Just as happened on Oct 25th, the VIX peaked just shy of cancelling the Upside Warning. We are now on yet another rally off a small dip in SPX.

I did my first and only #InverseCondors last week, and am now white-knuckling through these dips for them to expire next week. If we can keep near the highs until then, I will have significantly reduced my ITM status on the call spread side, and I will pare down my put spread positions in anticipation of a deeper pullback. That’s the plan, if the market can hold off on any deeper dives until then. If not, my ITM positions will be puts rather than calls!

SPX trades

#SPXcampaign $SPX
Yesterday:
Closed Nov 15th 2540/2565 call spreads for 23.30. Sold for 20.70 on Nov 1st
Rolled to Nov 22nd 2555/2580 for 20.90.

Closed Nov 15th 2575/2600 call spreads for 16.45. Sold in #InverseCondor on Nov 1st for 23.25.
Not yet rolled (was waiting for this morning, but that hasn’t worked out yet)

Sold Nov 20th 2540/2565 put spreads for 2.10.

Today:

Sold Nov 22nd 2560/2535 put spreads for 3.05
Sold Nov 22nd 2550/2525 put spreads for 2.80

Closed Nov 17th 2585/2610 call spreads for 5.95. Sold last Friday for 14.10. Plan to roll this if we can rally back higher.

Fear the chicken!

Fear the chicken!

#spxcampaign

SPX Campaign / Short Puts / Closed Early

#spxcampaign
$SPX STO 11/17 2560/2585 BUPS @ 4.70
$SPX STO 11/20 2560/2585 BUPS @ 4.60

#shortputs
$GIS STO 4/20/2018 47.5 put @ 1.60

Closed Early
$CAT BTC 11/17 145/140 BECS @ 69% profit
$SVXY BTC 1/19/2018 22.50 put @ .20 STO 11/2016 @ 9.23
$AKAM BTC 11/17 42.50 put @ .05 STO 5/10 @ 1.66
$SPX BTC 11/10 2590/2565 @ 18.10 STO 10/27 @ 12.55
$FB BTC 11/17 155/165 BUPS @ .10 STO 10/6 @ 2.08 94% profit

Afternoon all

Playing a bit of catch up here
Yesterday
#SPXcampaign Sold to open Nov 24th 2525/2505 BuPS @ 0.90. Currently at Mark 1.10 so I was a day early.
Closed SVXY Nov 10th 75 Puts for 0.05 to essentially roll out to Dec. Dec short Puts were not filled.
Today
Sold Dec 15th 85 Puts for 2.55.

SPX puts closed

#SPXcampaign Bought to close $SPX Nov 13th 2560/2535 put spreads for 1.70. Sold for 4.00 last Thursday.

At this point the SPX chart resembles that of Aug 8th. On that day, we opened with a rally to new all-time high of 2490, then reversed intraday and close lower. We then pulled back to 2417 over the following two weeks.

#SPXcampaign Drop in the SPX…

#SPXcampaign

Drop in the SPX must be due to my aelling put spreads earlier!

SPX puts closed

#SPXcampaign Closed $SPX Nov 8th 2580/2555 put spreads for .90. Sold for 6.15 on Oct 27th. If we get a pullback today, I’m not letting this one get into trouble a day before expiration.

SPX new condor

#SPXcampaign Sold my first 5-week position as a condor:

Sold $SPX Dec 8th 2485/2510/2650/2675 #IronCondor for 3.05

SPX trades

#SPXcampaign

Sold $SPX Nov 20th 2560/2585 call spreads for 20.25, as an #ITMroll from spread closed yesterday.

Stopped Nov 16th 2610/2635 for 2.70. Will look for a roll.

SPX puts sold

#SPXcampaign Since today marks a further validation of the Upside Warning on the #VIXindicator, I’m selling an additional aggressive put spread, and holding off on selling new call spreads and an #ITMroll.

Sold $SPX Nov 16th (monthly) 2585/2560 call spreads for 5.10.

#inversecondor

SPX trades

#SPXcampaign $SPX

Closed on GTC orders:
Nov 8th 2540/2515 put spreads for .20. Originally sold for 2.00
Nov 16th 2465/2440 put spreads for .20. Sold for 1.50 on Oct 19th.

Closed Nov 13th 2570/2595 call spreads for 16.25. Sold last Monday as part of an #InverseCondor for 23.00. (Leaving the 2590/2565 put spread on for hopeful expiration)
#ITMroll Sold Nov 20th 2575/2600 call spreads for 14.60.

Closed Nov 13th 2540/2565 call spreads for 23.45. Sold last Monday for 20.50.
Not yet rolled

Sold Nov 20th 2585/2560 put spreads for 6.10.

SPX add’l roll

#SPXcampaign Sold $SPX Nov 15th 2565/2540 put spreads for 2.90.